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20130121
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Search Results 0 to 5 of about 6 (some duplicates have been removed)
toy with the debt ceiling and putting the chances of default at risk, that would be disastrous. we've kind of avoided that for now. don't forget, the fiscal cliff itself is a device that was put in place because of the current situation, because we can't come to an agreement on everything. >> but now it may actually be fostering a lack of bipartisanship, right? the snake has eaten its own tail. >> yes, exactly. >> i love that. it's so useful. >> losing our appetites, right? >> in terms of the other piece, the austerity program that the republicans would have us on, you know, for a long time we've been able to look -- not a long time, but at least a year we've been able to look at what has happened to the u.k. and their economy and sort of this fiscal austerity and how it actually hasn't worked, and as andrew points out, do you think republicans are sort of finally coming to terms with that notion? >> i don't think so. that goes against everything that they stand for. the fact that that would not work. it's funny. andrew mentioned the imf issued some concerns specifically when talki
the country's economy as unstable as possible. the house averted the debt ceiling fight. at least some republicans. 33 members of the house gop still broke rank. by averting, we, of course, mean punting the ticking time bomb three months down the road. >> another 90 days away so we can continue to royle this congress, this country, our people, and our economy. >> we should not even be having a debate. it should be no doubt that the full faith and credit of the united states will be honored, and that is what our constitution says. >> the gimmick nature of this whole thing i won't elaborate on, has been done before. >> either way, the passage of this bill has allowed lawmakers to skip from brinkmanship to probably more brinkmanship. looming just over the horizon is a budget battle that could shut down the government and automatic steep spending cuts that could cost thousands of jobs. welcome to the new normal in washington. joining us now from davos, switzerland, is cnbc's squawk box co-host "new york times" columnist and author of too big to fail, andrew ross sorkin. it is great to see
in washington. the debt ceiling debacle is postponed until may. the senate is close to a deal to reforming the filibuster. and we of course are waiting for the start of the nomination hearing for john kerry to be secretary of state. senator kerry is going before the committee that right now he chairs. foreign relations. and he'll be introduced by senators john mccain, by elizabeth warren and the current secretary of state, hillary clinton. it's expected to be very different than the fiery hearing yesterday in that very same room where secretary clinton made a passionate defense to republican senators aggressive questioning about what happened in benghazi. >> the fact is we had four dead americans. was it because of a protest or was it because of guys out for a walk one night who decided they would go kill some americans? what difference at this point does it make? it's our job to figure out what happened and do everything we can to prevent it from ever happening again, senator. >> i want to bring in ron, national correspondent and editorial director, and michael crowley, times deputy washi
people. >>> we going to have a last minute jam of a deal on the debt ceiling that is going to happen in may on a continuing resolution and a budget? >> i hope we can work things out and come to an agreement that you will have to do something about the problem. it is about spending. we have to get control of the spending. >> you understand you are never going to get democrats to agree? you will find another way around coming to the solution. >> for we don't get control of the spending, then you are going to end up like europe. >> don't we go back to bowles simpson? nobody likes it. >> thedidn't solve the spending problem. back to that, the main driver are the health care entitlements. they left that out. >> can you lead and say let's do a bowles simpson? >> we are working to fix the coalition and others. let's come together. we have proponents and we are looking for those who say fine, let's do something. >> you are prepared to go in with documents. we won't do this. this is what it looks like. let's talk. >> i think we have done that since barack obama was elected. >> some may disagr
about washington. tulsa and gears up to vote on a temporary debt ceiling height. bad for the economy and jobs. >> i take it is a loser, again this is my opinion. republicans are trying to do cut stores medicare and these are automatic cuts that will happen. they do not want to look like they're trying to stop the economy from functioning. that one-stop social security. they're trying to refocus. >> what i love about this bill is that they're putting a provision in it that if they do not pass and then they will not get paid. >> they have not passed a bill of four years. we often make but as every year and they cannot begin a federal budget done. obama stated that he will get this done. maybe if they do not get paid that will get it done. >> wenner for to that would be the toyota prius hybrid it was the top-selling car in california. toyota is doing very well. toyotas and hondas seem to be the type of car that californians by. uy. the trades big three are hurting. they're not on the list. california tends to be a trend setter. they have more profits. and the reports call the pre is roo
Search Results 0 to 5 of about 6 (some duplicates have been removed)

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